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police chiefs of this country support the mayor. senator feinstein, congress, state senators, and mayors like mayor lee that we're fortunate to have, on gun control. senator feinstein will re-submit the assault weapons ban which bans 100 specific assault rifles, including the weapon used in sandy hook and high-capacity magazines of 10 rounds or more. there's other things that we as major city chiefs would like to see happen, such as the banning of internet ammo sales. we'd like to see in-person transactions. the record of sales and licensing of ammo vendors, and other things i can talk to you about off line. we are doing everything we can to make san francisco a safer place and reduce violent crime. the mayor spoke of ipo, which he introduced at the very beginning of august. and for the first august in memory and maybe even on record, we suffered zero homicides in that month. unfortunately one homicide in the city is too many. we've had 67 this year to date, which is up over the last couple years, record low. still the best we've had in 10 years absent those record lows. gun violence is
seeing that congress and the white house have not reached a deal. >> for those of us keeping score, if there's a fiscal cliff deal, there will be a new senator voting. >> that's right. sworn in a new minutes ago. i made reference to vice president joe biden, here to swear in the new senator representing hawaii, brian shatz. only the circus senator -- sixth senator to represent hawaii. he's a democrat. it will be interesting to see exactly how he weighs in at some point over the fiscal cliff mess in the final days of 2012. >> mike, thank you. on top of those fiscal cliff concerns, the treasury secretary, timothy geithner, warns we're set to hit the debt ceiling new year's eve, the max amount we're allowed to spend. the current limit is $16.4 trillion. he says the obama administration will work to make sure the u.s. does not default on loans right away but the debate will be another drag on the economy. with us, the chief business correspondent for u.s. news and world report, rick newman, and author of rebounders, how winners pivot from setback to success. talk about the debt ceiling
are still pretending to work. >> people don't like congress. >> it is up to the senate to act. >> harry reid is working on legislation. >> harry reid, the congress and the president. >> the president is cutting his hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and fire
vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the government could end up being biggest customer to farming harris. >> things like wheat and corn, their p
say? >> first of all, as you know, from congress to the senate and people in his or her state -- this pledge is protecting american people through tax increases. we haven't had a republican republican vote for a tax increase in 22 years. that has really slowed down the growth of government from what it would've been otherwise. no obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than expected. so now retailers have to give shoppers deeper discounts. in a new proposal to help stggli homeowners. don't worry, the government will take care of you. we will explain coming up next gerri: retailers are
is going to come back from washington where not much has changed. as far as congress is concerned the senate will be meeting today. interesting little tidbit this is the first time since 19170 there have been legislative business conducted in the weeks of between christmas and new years. we will see some activity on hap t capitol hill. there may be a stopgap measure to try to prevent the calamity that happens at the end of the year if we reach the fiscal cliff. if we do not have some kind of a compromise. here's what's going to happen. just about everybody is going to have a tax increase. the number goes up significantly with incomes. if you are talking 200 to 500,000 in income almost 14,000 dollars in tax hikes. the wealthiest americans people that make a million dollars or more will pay an average of 216,000 dollars in additional tax that is money that would otherwise be spent to help boost the economy or invest it. this is a real concern for economists. the other wrench that was thrown in treasury secretary tim geithner says we are going to be up against the nation's debt ceili
of indiana talks about his 30 years in congress. followed by senator kent conrad on his 26-year career. and a discussion on corporations and stock values. dan burton is retiring from the house this year after 30 years in office. the 15-term congressman represents the fifth district in east central indiana which includes parts of indianapolis and the surrounding suburbs. earlier he talked with c-span about his past investigations of the collective demonstration and the oversight ruled congress. this is 30 minutes. as you exit the institution how would you say it stated? >> it has changed a great deal. it is not the same as when i came 1983. there seemed to be more comedy. tip o'neill was speaker. i will never forget he was the first time he was on the floor raising cane with democrats. he had someone take his place and he came down and started giving me the dickens. after that we became very good friends and played golf together. michael was a wonderful leader. there was a spirit of camaraderie even though we had differences politically then that we do not have now. now it is much more
the senate rules themselves when the new congress convenes next month, they want to stop filibuster abuse by actually making senators talk on the senate floor when they want to filibuster. now, that didn't sit well with republican minority leader mitch mcconnell. >> what the majority leader is saying is he will break the rules of the senate in order to change the rules of the senate. i implore members on both sides to oppose this naked power grap grab strenuously and loudly. >> democrats can change the filibuster rules to prevent abuse of power when the new congress is sworn in. 48 democratic senators are on board with the rule change. but why is it so hard for democrats to summon these last few remaining votes? let's ask the man himself, the man leading the charge, oregon senator jeff americaly. thanks for being here. >> thank you. it's great to be here. >> you've got this plan, you've got a lot of senators on board. what exactly would your plan do and why would it deal with this gridlock? >> well, there's a package of changes. the first is to get rid of the filibuster to proceed. a fili
-abiding americans. and senator wyden has an amendment that relates to closing that loophole. congress never intended for the intelligence community to have a huge database to sift through without first getting a regular probable cause warrant, but because we don't have the details of exactly how this proceeds and we can't debate this in a public forum those details, then we are stuck with wrestling with the fact that we need to have the sorts of protections and efforts to close loopholes that senator wyden has put forward. what we do know is this past summer, the director of national intelligence said -- and he said this in a public forum -- that on at least one occasion, the fisa court has ruled that a data collection carried out by the government did violate the fourth amendment. we also know the fisa court has ruled the government has circumvented the spirit of the law as well as the letter of the law. but too much else of what we should know about this law remains secret. in fact, we have extremely few details about the courts have interpreted the statute that have been declassified and released
to work today. their representatives in the congress of the united states, unlike the united states senate, did not go back to work and have not gone back to work, and that, correctly, is concerning our people. we have four days to avert a crisis that could harm our fragile recovery, cost us a credit downgrade, and impose arbitrary spending cuts that will undermine our national security and slash programs for the vulnerable. i hope the speaker and his republican party will be here with democrats, working to finish the task before us in reaching an agreement to avert the fiscal cliff. democrats are ready to work and, yes, ready to compromise. we understand we will not get it all our way. the legislative process is about compromise. democracy is about compromise. we have not done much of that this year, and frankly this house has been an extraordinarily partisan house where we passed legislation after legislation which the leadership knew it would not be adopted by the senate and the president would veto it. that has not been a constructive experience for the house or a constructive experien
is the newest member of the u.s. senate and some new senators coming with the beginning of the 113 congress right at the beginning of the year. >> i understand senate majority leader reid urged governor abercrombie to act with due haste with his appointment. is that because he thinks that the senator may play some sort of instrumental role to solving the fiscal cliff crisis? >> that's right and the pieces of legislation. democrats wanted that extra vote. if not for the so-called fiscal cliff debate they're trying to strike a deal on. that would be also on other legislation that would come up with 113th congress. democrats want to ensure they have 55 votes when the 113th congress begins on january 3rd. >> senior political editor mark murray for us on this thursday, appreciate it, sir. >> thank you, craig. >>> outrage of russian president vladimir putin's decision to sign a bill to block americans from adopting russian children and a video of a squarm bursting in a shopping mall. details on that story around the "news nation." [ male announcer ] eligible for medicare? that's a good thing, but
" tonight. brace for impact. senate majority leader harry reid says it looks like we'll head over the fiscal cliff. with just four days until the deadline can president obama and congress still pull out a deal in the nick of time? senator john hoeven of north dakota joins us to respond. >>> plus, a game-changer for the insurance industry. an auto insurer unveils new policies that charge by the mile, giving a big potential boon to drivers. can it drive the competition off the road? the ceo of metro mile is here to take the wheel. >>> and big beer companies putting beer goggles on their customers. the market for kraft beer is booming and big labels are battling to get a foothold but they may be using crafty tactics to sell you the same flat brew in different packaging. less filling tastes great. even when they say it's not it is always about money adam: before we serve you that beer let's look at the day's market headlines. stocks fell for their fourth straight session. that dour outlook on the fiscal cliff from senator harry reid sent stocks tumbling but they came off the session lows followi
tossed the fiscal cliff problem to the senate today. saying once the senate has a plan congress can go forward. john fowler investigated some of the latest moves and joins us live with what could happen a week from today. john? >> reporter: do mog, we get deep spending cuts and across- the-board tax hikes. con shull staffers told me -- congressional staffers told me today, expect a bumpy ride of the halls of power empty, although negotiateders and the president are back at work. >> at the very least let's agree right now on what we already agree on. >> reporter: an olive branch to the gop and carrot to corporate giants, including the bay area's google and apple. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loop holes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are concerned because they're not sure the extent to which exemptions would be eliminated. >> reporter: wells capital management senior economist gary slosberg is optimistic about a deal. >> i see it at least 50-50.
in their negotiations which stalled late last week. then congress left for christmas. senators got back this morning. the president is a lifing in washington any minute and house members have yet to return. >> we are here in washington working while the members of the house of representatives are out watching movies. >> as for the speaker he is holding a conference call with republicans in a few hours and we expect to hear from him later today. >> thank you. the former president george hw bush is in guarded condition at a houston hospital. a family spokesperson said the 88-year-old is a alert, talking to medical staff and surrounded by his family. he was moved to the intensive care unit on sunday. he has been in the hospital since late last month. >> he just started to have a few low energy days and things kind of snowball from there. >> he has a high fever and is now on a liquids only diet. his wife and sons have all been frequent visitors. >> the east coast is being hit with more powerful storms. airlines have cancelled hundreds of flights because of the storm, heavy snow has been falling i
, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a letter to congress said wednesday the united states will hit the $16.4 trillion debt limit on new year's eve, and treasury will have to take extraordinary measures to continue borrowing. the president will arrive at the white house around noon and start trying to hammer out a deal on the fiscal cliff, but there is no guaran
in the fight and if we go into the new year, a new congress will be sworn in. democrats will have more seats in the house and the senate and they feel they will have a better chance of getting a deal on their terms in 2013. >> in the dying days of 2012 it looks like japan pose a new leader has injected a local, at least financially. he's had his first day as the new prime minister. abe has been talking about reviving the economy and investors are still a little more optimistic. the nikkei average has climbed to a 21 month high. that's against the u.s. dollar. good for japanese exporters. a former adviser to the japanese foreign ministry says that abe will have a tough time fixing the economy because a, japan's because of japan's large budget deficit. >> the japanese fiscal cliff will be larger than the one in the united states, because japan's financial burden is considerably heavier than the other developed nations. in order for japan to put its fiscal house in order to, japan is launching a tax hike soon. there's one important condition for japan to do that. that is to observe stable growt
with most members of congress still in their home district, speaker boehner put that ball in the senate's court. harry reid tossed it right back. are we looking at another lost day in the negotiations? hitching a right on air force one, the new senator from hawaii and it's not what we expected it to be. here we go again. the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house without his family to get back to twork mework to meet the loo deadline. mike is at the white house. let's start with you. the consensus around the hill is that we are more likely than not to go over the fiscal cliff, but there is a small chance harry reid could take a house pass bill and
for it. welcome to "the willis report." hello, everybody. i am gerri willis. tonight congress is pushing america up a fiscal cliff of its own making. president obama and the senate back in washington today trying to get some kind of a deal done, that is what they say, but nothing will likely come in time. harry reid spent the day moaning about how bad of a speaker john boehner is good the house is set to return sunday afternoon just one day before the end of the year. nearly 90% of americans will be hit with $500 billion in tax hikes and spending cuts. as we head off a cliff, what can you and your family expect come january 2? president of the american action reform joins me now. so, windows narrowing, what can we expect from here? >> if we literally go on autopilot and they fail to change course, i am worried about the economy. some sharp equity market attractions, consumer confidence has already begun, lots and lots of notices sent out, layoffs scaring people to death. this is not a good news story for anybody looking for a job. gerri: the clock keeps on taking. the cover of "the new y
that together in a way to get enough republican votes in order to pass the senate and then would have to have enough votes to pass the house as well. whether they can do that in the next few days is an open question. >> just procedurally too, that takes time. and congress notoriously moves slowly. one wall street economist suggested, and this caught my attention, bun ji jump off the cliff. meaning we'll bounce back afterwards meaning once the tax hikes goes into effect congress will have no choice. they will have to introduce a bill that everyone can agree on. what's your take on that. what are your congressional sources saying to you privately? >> they are saying the betting money is on that right noug. it's an interesting way to put it. the whole concept of taking a vote in the next five days on anything would effectively would be to raise taxes. each of the senators would be taking a vote that somebody can use against them saying they voted for a tax increase. after january 1st, everybody's taxes will go up so the vote that they can take would be to cut taxes, a very different vote politic
. i asked a spokesman and no response. i did hear that they have two republican senators in maine. what kind of advice are members of congress getting for traveling? they are getting the same advice as we get. take a listen. >> we would tell a member of congress the same thing we would tell any other traveler. check with their airlines before they head for the airport. things here in washington are in real good shape for their arrival. let's check in with nana to see if those numbers will have any problems getting all. >> we are in pennsylvania. we had to stop here because road conditions deteriorated so quickly last night. i wanted to mention this, the first winter storm of 2012 is now claiming 15 lives. this is expected to dump a couple of feet and snow in some places. it looks like it is only 4 inches here at the moment. the totals were not where they have been in years past. i did speak with the borough president here in clarks summit. because of the lack of snow last year, it really helped their bottom line. they had a surplus in their budget. they were able to stockpile some
a dysfunctional congress. the congress -- the democratic house and the republican senate have proved that they don't have any common ground on taxes. there's nothing that one side can agree to that the other side will agree to. that's the president's role here having run on tax increases for people making $250,000 and above, not to mention all that entitlement talk. he ran on it and he won. he'll have to fight this out next year for sure. he would like to get some of the math off of the table here if he can. >> warner: are there schools of thought in both parties that each may think he's going to be in the stronger position after going over the cliff? >> certainly. "people" on both sides who think that. liberal democrats in particular say this republican orthodoxy, no tax increases at all, remember, those bush tax rates expire on new year's eve and they say if we go over the so-called fiscal cliff, take all the tax votes you want, they're all tax cut votes. and conservative republicans believe their bargaining position improves. you reported on the debt limit but that becomes more of a concern as
1970, one of the houses of congress, in this case the senate, is going to not only be in session, but conduct legislative business. first time since 1970 they have done that between christmas and new year. doesn't mean they're going to get anything done as far as the fiscal cliff is concerned and because the deadline is so tight, about the most we could hope for may be is some kind of temporary deal. if they don't come up with a pick, the economy may be in for a big jolt. >> we're going to see economic activity slow down. i think we're going to see, with the certainty of tax rates raising on all of us that people contract their economic activity. >> and look, here is why. when you take a look at the impact of these tax hikes, at low income levels, a few hundred dollars. but for people make more than $500,000 a year, an average tax hike of $120,000 unless there is some kind of a fix. and finally, here is one possible solution, i guess. starbucks is telling all of their employees here in the dc area to write on every single coffee they make, come together. that is not just a tall o
ago. mr. president, it is no less important for the congress tod today. now, as i indicated, the majority leader, senator reid, has accords me the honor of beginning this debate. and let me just 0 especially with a very -- and health me just open with a very short explanation of what the fisa amendment act is all about. this of course is an extension of the law that was passed in 2008. it is a major surveillance law, and it is the successor to the warrantless wiretapping program that was operated under the bush administration. this law gave the government new authorities to collect the communications of foreigners outside the united states, and the bill before the senate today would extend this law for another five years. now, there's going to be a discussion of various issues, mr. president, but all of them go to what i call the constitutional teeter-totter, balancing security, protecting our country at a dangerous time and the individual liberties that are so important to all of us. i expect that there will be amendments to strengthen protections for the privacy of law-abi
to the democratic-controlled senate to solve the problem before the new year deadline. in addition to the "fiscal cliff," treasury secretary timothy geithner warned congress that the u.s. is close to hitting its debt limit of $16.4 trillion. geithner saved the government will take steps to allow more burrough after december 31. danielle nottingham, cbs news, washington. >>> let's look now at the markets. stocks fell sharply by 55 and change. the drop is attributed to consumer confidence falling to the lowest level since august. >>> the storm that moved across the country pushing northeast through new england after plowing through 30 states dumping snow, sleet and spawning dozens of tornadoes. edward lawrence has the latest. >> reporter: the northeast is dig out from a giant storm that dumped more than a foot of snow in some places. >> it's the heaviest snow i can remember. it's shutting the machine down every time of you give it a little push. the ice just clogs it up. >> reporter: the storm started in california last weekend and crossed the country creating blizzards in the midwest and south. se
to go before the congress. she is in charge. >> bob corker, the ranking member of the senate foreign affairs committee said she must testify. other republicans vie to hold up the nomination for secretary of state if she does not. >> they should. she needs to testify. no question we need to hear from her. we need to hear from her before she leaves office. serious questions, number of which they laid out here repeatedly in the weekly standard that are not answere answered. i think we need to know why susan rice said what she said, who changed the talking points? and what hillary clinton had to do with preparing the talking points if anything? beforehand who made decisions on the security questions? why didn't the security questions raise the upper level of the state department? the seventh floor as the arb reports. in the middle of the battle, why did we not send all the possible -- why not make all the possible efforts we could have to help the people in danger? >> doug: that is it for the panel. stay tuned for post holiday shopping ideas. stop! stop! stop! come back here! humans -- w
. c>> first, this morning's teczb bites. >>> new social features headed to netflix next year. congress passed netflix amendment to privacy protection act allowing customers to share viewing habits on facebook and other socialmbi!÷ networks. privacy provision dropped by the senate, the bill headed to the president keeps language that allows law enforcement to that allows law enforcement  a warrant. zuckerberg got a privay lesson tripped up by the site's privacy policy and a family photo she posted for friendsv:whap sharedx>> good morning. you are looking live and emeryville. you won't see rain it is dry across the bay area only a break so enjoy it while you can. now. >>> business as usual for shoppers when the doors open this morning at are den fair mall in sacramento. -- the mall was unlock down yesterday after a fight broke out in the food court. you can see people running. police say the fight invo
christmas vacation in hawaii. congress is back in town, but little progress was made over the holiday to avoid the fiscal cliff and no talks have been set. the senate is due in session today, but the house has no plans to reconvene. last week, house speaker john boehner said it was up to the house to act on extending unemployment benefits. as we work through all of this, we are happy to be joined by allen capper, head of credit strategy at lloyd's for the hour. welcome back. i guess we're still shaking off the christmas turkey tryptophan, i guess they call it, and yet it feels as though it's groundhog's day. >> yes. you say shaking off the christmas blues and we're shaking still waiting to hear what happened with this fiscal cliff. we knew they would take it to the wire. there's no surprises. what concerns me, this may stretch on until january. now, this is not the first time we've been in a situation like this in my career in the markets. the opportunity is clearly markets may sell off and then an accord has to be reached. i guess a lot of people will be seeing that. >> what are you
. dana, let me bring you back in and ask you, it seems to me that anything that this congress has gotten done -- and by "this congress" i mean when it's been divided between republicans in the house and democrats in the senate. it has been that both parties, that is, the left of the democratic party and the right of the republican party are kind of left to vote yay or nay by themselves and they form a consensus in the middle. does john boehner need nancy pelosi in order to get anything passed? >> reporter: yes, absolutely. no question about it. that became incredibly obvious when he couldn't even get his own republicans to effectively save them from themselves and at least have some political cover by voting to keep tax cuts in place for everybody except millionaires because they said they wouldn't help him with what they call a political ploy. i think that's true but actually talking to people on both sides of the aisle here, because the ball is now in the senate -- the senate's court, the feeling is that if they can kind of break the dam in the senate and if something actually passes,
lineage, our reputation, our history as senators in this congress is going to come back to us. we weren't up to the task to making the hard decisions that will actually save this country, fix the problems and put us on a basis to where we can grow again and be the america that we can be. i thank the president for the time. i thank the chairwoman for her consideration. i thank senator schumer for his consideration on the amendments, and i yield the floor. mr. schumer: mr. president? the presiding officer: the senator from new york. mr. schumer: thank you, and i very much appreciate my colleague from oklahoma. he has left. we do have a friendship. i do believe he is a person of integrity. his views about government and politics are quite different than mine, but he has put his money where his mouth is in a number of places when he has not paid for -- or asked to pay for things that many on the other side didn't, et cetera, so i thank him. i don't agree with l -- with none -- i agree maybe with one or two of his amendments. senator mikulski summed up the amendment on fisheries very, very w
to the examination of the congress today. i mean, incumbency has always been there for most members of congress, both the house and the senate, but there was, up until probably, i don't know, arguably the mid-'70s, maybe early '80s, the composition of the congress included a majority of people who had lives other than politics before they went into politics. and that's all changed. >> that has changed. and i think that changes the mindset of trying to do something in washington. you know, that ridiculous "wall street journal" op-ed about gun safety, it really gets to something that is really part of the republican mindset right now, at least for the tea party folks, which is you're not there to do anything. in fact, you're there to obstruct. and that makes it very difficult for the system to work. yes, the founding fathers put in checks and balances that made executive power difficult to enact on its own, but collectively, there was supposed to be some kind of common purpose. where you have a significant group of people, the tea party bloc who have come in to say we're not going to let anything happe
, bush era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline hoping it would force a compromise. so far, that's backfired. also flying back on air force one is hawaii lieutenant governor brian schatz. he is replacing the late senator from hawaii, senator inouye. he'll likely be sworn in later today. schatz tweeted he's looking forward to supporting the president's agenda. reporting live in washington, i'm danielle leigh. >>> treasury secretary tim geithner is adding to the pressure saying the treasury may not be able to pay its bill on monday. that could lead to a credit downgrade. in his letter, geithner proposes a series of measures to postpone the date. geithner indicates his plan would free up about $2 who billion. >>> we now have an update on the health of president george h.w. bush who remains in a houston hospital. nbc news has learned his stubborn fever has gotten worse and he was admitted to the intensive care unit on sunday. doctors have him on a liquid-only diet. he's surrounded by family. mr. bush who is 88 years old ha
. >> there still seems to be no signs of a compromise acting congress and president obama. >> president obama return to washington to get the credit shortage of medication. is a video the president leaving. >> house and senate members are expected to reconvene today as well. >> without a budget agreement, automatic tax increase is for everyone in the spending cuts will be triggered in the new year. >> the main dispute continues to be over taxes. >>, of the kron 4 morning news changes are coming to a netflix starting next year. how the company wants to get users more connected socially and next. >> the web more attractive weather and headlines when we come back >> wexcome backed. >> time is 4:10. >> net flicks is adding more social features to it streaming media service in the u.s.. >> the company confirms that the congress passed a bill that drops restrictions on sharing user's video rental history. these revisions now with president obama signature before becoming law. >> lifting the restrictions allowing net flicks his additional there was also to media outlets by facebook and twitter. >> t
." cbs reporter tara mergener says congress remains gridlocked and fewer americans expect any progress before the new year. >>> reporter: senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the "fiscal cliff." higher taxes will give the average american about $1,500 less to spend next year. and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short term spending cuts until a bigger dooley can be reached. >> it is going to be a patch because in four days we can't solve everything. >> reporter: while senators try to brave the bad weather that has hit many parts of the country, in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. >> good morning? >> reporter: house republicans scuttled the proposal from speaker john boehner last week and 48% of americans say they are to blame if no deal is reached. >> both sides here have a problem wi
to be no signs of compromise between congress president obama is cutting his holiday vacation in hawaii short. and will return to washington tomorrow. house and senate members are expected to reconvene tomorrow as well. without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> in national news. dallas cowboys nose tackle josh brent has been formally indicted on a charge of intoxication manslaughter. for the crash that killed a teammate. brent was arrested earlier this month after police say he flipped his car while speeding though a neighborhood in suburban dallas. brent survived the crash. but his friend and teammate. practice squad member jerry brown. died at a hospital. intoxication manslaughter carries a maximum sentence of 20 years in prison. no court dates have been set. >> right now parts of the country are dealing with the aftermath of a severe storm system that is being blamed for at least six deaths. and tonight. we have dramatic new video of a major tornado that ripped t
better. the fact from the fiction ahead. >>> welcome back. i hope the senator enjoyed every glass of milk as he made his way across the u.s. this christmas. if congress doesn't act by december 31st, many americans may not be able to afford his favorite beverage next year. if he renews support for agriculture programs, the country's milk prices could double to as much as $8 a gallon. that's because the government will be forced to revert to a 1949 dairy price subsidy that requires the agriculture department to buy milk at inflated prices. vincent smith from montana state university told the new york times that similar to the current fiscal cliff, the 63-year-old farm law was left on the books as an incentive intended to scare lawmakers into action with the prospect of higher support prices for milk and other agricultural products. actually allowing it to go into effect could be disastrous. farmers would rush to sell dairy to the government at higher prices, limiting consumer supplies, leading to higher prices in stores and less milk for manufacturing products like butter, yogurt and cheese
, and harry reid. earlier today, the senate majority leader sounded frustrated with the republicans in congress. >> nothing can move forward unless speaker boehner and mitch mcconnell are willing to come up with a bipartisan plan to participate. speaker boehner is unwilling to negotiate. we have not heard a word since neither mcconnell. nothing has happened. >> i should note that senator reid was due for a news conference later this afternoon. that has since been canceled. perhaps the senate majority leader has decided to do his talking behind closed doors and hammer out a deal. greg: filled with metaphors, no doubt. what a republican saying about the status of the fiscal cliff negotiations? reporter: they have been pretty quiet so far. we know the speaker of the house and the republican leadership team in the house is due for a conference call with members that are still back in their home districts later this hour. we expect senate republican leader mitch mcconnell to be on the senate floor. the top of the next hour, so we should get some insight from him as well. some of the aide
is the president and members of congress have cut their holiday vacations short, to deal with tax increases and spending cuts due to take affect next week. here he is living -- leaving hawaii today. the senate is due to meet tomorrow. the house, no plans to convene and no fiscal cliff negotiations have been scheduled. >> and taxpayers facing uncertainty as we head into the new year with the government on the edge of the fiscal cliff. >> for many of us, strategize might not apply this year. >> this is a different year, and there is unknown fate of two popular tax deductions for middle class. deductions for chairitable contribution asks and for home mortgages. when it comes to year end finances old rules may not add up this year. >> it's very difficult to do any type of tax planning and advising because nobody knows what is going to happen. >> much uncertainty centers around whether the united states is about to fall off that fiscal cliff. if that happens would it mean the end of the tear tax cuts. most believe taxes will go up next year. >> one of the things now is that people are advising p
the senate floor. treasury secretary timothy diner has told congress the government is on track to hit is bowery limit on monday and that he'll take " extraordinary measures as authorized by law " to postpone a government default. republicans have not been part of the " fiscal cliff " discussions in recent days suggesting much still needs to be done if a deal is to be struck and passed through congress by the end of the year. >> sam garner stated that the government may go out of money on december 31st. he stated that the government may not have enough to spend for next month. >> approval ratings for president obama and his cabinet are mixed. a new poll shows 52 percent of people surveyed approved of the president's performance while 43 percent disapprove. but as president joe biden's numbers are in line with the president. 54 percent approve of his job performance while 40 percent do not. first lady michelle obama has a 73 percent approval rating. all going secretary of state hillary clinton is also popular with a 66 percent approval rating. >> a new gallup poll shows a majority of am
in the senate bent on stopping this from happening because the senate rules, you can see there being a problem in terms of getting it done before january 1st, it really all depends on the level of consensus. when there's consensus in congress, things move very fast. sometimes in the blink of an eye trillions of dollars can go out the door. at other times if people want to hold up the process, it can take several weeks to get done. >> one analyst talked about bungee jumping off the cliff. so an easier bill will come after january 1st that everyone will vote for. sounds like a likely scenario. we'll have to see if that happens. jonathan allen, senior washington correspondent for politico. thanks so much. >> take care. >>> the health of former president george h.w. bush has taken a turn for the worst. he was moved into intensive care because ofs aelevated fever. the nation's 41st president is on a liquid diet. his condition listed as guarded. the 88-year-old coping with christmas in the hospital by -- well, he says he's determined in the to be grumpy about all of this. >>> toyota has agreed to pa
not get republican votes. >> all eyes turn to the senate that could be key to a deal on plan "c." scaled-back bill that the president says will focus on unemployment benefits and reverting to the 250,000 level on taxes. >> i asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans. lays the groundwork for further work on growth and deficit reduction. >> that means taxes go up for some now and spending cut on medicare and other programs are kicked to another date. >> what the president offered so far won't do anything to solve the spending problem and begin to address the crippling debt. >> gallup in early december saying 58% of the public thought we'd avert the fiscal cliff. new poll shows it's dipped to 50% thinking that. the public thinks we are headed for a big problem. >> doug: breaking news from treasury secretary geithner it go about the debt ceiling. are we about to go to default? >> yes and no. secretary gite it go says today that we will hit debt ceiling on december 31, new year
. congress returning to capitol hill today to try to get a deal done on the cliff before the deadline on december 31st. senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because th
are headed to netflix next year. congress passed the so-called netflix amendment to the protection act allowing customers of the giants to share viewing habits on facebook and other social networks. a key provision has been dropped by the senate quietly. the bill keeps the language that currently allows law enforcement to read private e- mails without a warrant. >>> meanwhile randy zuckerberg got a privacy lesson. the sister of facebook's founder got tripped up by the site's privacy policy and a family photo was shared publicly over twitter. >>> a sprint salesman told a customer who wanted to buy an iphone that his fingers were too fat to buy a product and he needed is samsung instead. those are your -- a samsung instead. those are your techbytes, i'm mohammed lilo. >>> 12 minutes after 6:00. thank you for joining us. this morning. storms in texas stranded hundreds of people. not allowing them the get no their christmas destinations and several american airline passengers said they were struck on the tarmac for more than three hours which actually would be a violation of federal rules
decision. the interesting thing to watch is with the new younger senators. is are they going to change the way the senate operates? we're watching this week, you know, a lot of dysfunction trying to deal with very big issues. in both houses of congress, if we get through this fiscal cliff and get to january, people will rightfully ask is there a better way to do this? since we seem to have a majority in both chambers that would like to solve the problem, but procedurally we're not getting to an answer. >> soon to be senator tim scott takes the oath next week, the only african-american senator, it highlights an interesting dichotomy. republicans have more minorities in the senate than democrats, while the party itself struggles with minority voters. >> i think you hit the nail on the head. clearly the republicans are having a major problem reaching out not just to people of color, but to women and so forth. i think what the republican party is trying to do is say, you know what? we have to do a better job. tim scott is a conservative from south carolina and also he's a earl if legislato
, the senate is working against the clock, and speaker boehner, yeah, he's m.i.a. >> no new negotiations are scheduled. >> congress has five days to strike a deal before the end of the year deadline. >> they're calling it the fiscal cliff. [ speaking foreign language ] >> john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> let's take the american people out of the line of fire in terms of taxes. >> it's being operated with a dictatorship of the speaker. >> i have never known john boehner not to have a plan. >> it seems pretty dark right now. >> it looks like there's no way there's going to be any deal done. >> so i say to the speaker, take the escape hatch we've left you. >> we're not going to get anything done that doesn't involve some measure of compromise. >> it's not 100% sure that's going to work any longer, and now that we know how fanatical the fanatics are. >> it's like blah, blah, blah. >>> a very busy day here in washington and we want to take you right to the senate floor where senator mitch mcconnell is act
the holiday, but certainly now, particularly if you remember for congress broke for the christmas break, speaker raynor was not able to get the backup plan through his caucus, so there was no pressure on democrats to try to counter that immediately. senate democrats saying we passed a bill that raises tax rates on incomes over $250,000, we ran on this and this is what we are offering. house republicans were saying, no, we want to negotiate something, figure it out and send it to us. someone is going to have to move. the question is, who? the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment insurance benefits, and the lady across -- and then delay the across the board automatic cuts that are supposed to start january 1. that seems to be a non starter with republicans. it's hard to see where we go from here. host: have they been talking over the christmas break at all? also, one has been the role of -- what has been the role of senator mitch mcconnell? guest: the line that
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